True North Mergers & Acquisitions today announced that Duco Capital, LLC has purchased Klesk Metal Stamping. Both companies are based in Minneapolis. True North Mergers & Acquisitions facilitated the transaction, which closed on April 28.Founded in 1963, Klesk Metal Stamping specializes in metal stamping, fabrication, and precision manufacturing and employs approximately 45 people. The company …
MINNEAPOLIS – DATE – True North Mergers & Acquisitions today announced that Chroma EnergyGroup has purchased Efficient Energy of Tennessee (EETN). Both companies are based in Knoxville,Tennessee. Minneapolis-based True North Mergers & Acquisitions facilitated the transaction, whichclosed on April 12. Founded in March 2023 by CEO Ed Rottmann, Chroma Energy Group (www.chromaenergygroup.com)focuses on solar installation …
MINNEAPOLIS – January 31, 2023 – True North Mergers & Acquisitions Managing Director Erica Gilson announced today that the firm facilitated a transaction in which Cosmetic Physician Partners of Edina, Minnesota, acquired Coachlight Clinic & Spa and Des Moines Plastic Surgery of Des Moines, Iowa. The transaction closed on December 9, 2022. Coachlight Clinic & …
While the foundation for private equity (PE) was established in the early 1900s, the origins of modern private equity can be traced back to the mid-1940s. While PE has been around for a very long time, many people don’t know exactly what it is. According to Investopedia, “Private equity describes investment partnerships that buy and …
What Is Private Equity, and Why Are PE Firms Buying So Many Medical Spas? Read More »
The True North Mergers and Acquisitions (TNMA) team was recognized for winning multiple awards at the M&A Advisor Awards gala. The TNMA team won the Industrials Deal of the Year award for their work on the AAA Striping Services acquisition, while Kirill Graminschi, senior M&A associate, was recognized with an Emerging Leaders Award.
True North Mergers and Acquisitions (TNMA) Managing Director, Erica Gilson, announced today that Advanced Dairy West, LLC (Advanced Dairy) of Spring Valley, Wisconsin, has purchased Athman Dairy, Inc. (Athman Dairy) of Pierz, Minnesota. The 50+ employee business will retain all 13 employees of the family dairy operation led by second-generation cousins, Loren and David Athman. After more than four decades in business, the Athman cousins determined it was time to start thinking about retirement and transitioning their business. The owners enlisted the help of TNMA after being referred by a past client who had been impressed by the firm’s tenacity and dedicated support. The TNMA team brought both characteristics to the transaction.
Death is the one experience every business owner has in common. Few business owners like to talk about this fact, and even fewer like to plan for this inevitable outcome, especially if they don’t plan to die anytime soon. Though it may seem morbid, it’s crucial for business owners to plan for their deaths well …
True North Mergers and Acquisitions (TNMA) today announced that True North Equity Partners of Minneapolis, Minnesota, has purchased Lonsdale Packaging (Lonsdale) of Lonsdale, Minnesota. The TNMA team of advisors worked with Lonsdale’s owners to find a buyer that safeguarded the legacy and values on which the owners founded the business in 1998. Lonsdale is a full-service packaging and logistics company that delivers high-quality packaging on-site in their Lonsdale facility.
True North Mergers and Acquisitions (“TNMA”) Managing Director, Erica Gilson, announced today that Temple Hall Group (“THG”) of Chicago, Illinois has purchased Reliable Bronze and Manufacturing, Inc. (“RBMI”) of Stanchfield, Minnesota.
Successful business owners do a lot of things well, and they make it look easy. This is often a sign of well-running processes and years of discipline. However, it can also be a trap for successful business owners who intend to pass their businesses onto their children or business insiders. While you may love the …
Love Can’t Be Blind: Preparing for a Business Transfer to Children or Insiders Read More »
